Posted on 02/03/2024 12:55:57 PM PST by DallasBiff
One of the stranger political crusades of the past few years has been the Republican war on so-called woke capital, which has led GOP politicians across the country to adopt a kind of anti-corporate, pro-regulatory rhetoric that one normally associates with the left wing of the Democratic Party. And among the GOP’s favorite targets in this war has been ESG investing—investment funds that take “environmental, social, and governance” considerations into account.
For Republicans, ESG funds are a Trojan horse, designed to smuggle progressive attitudes toward climate change, and diversity and inclusion, into executive suites and corporate boardrooms, all under the guise of supposedly improving investment returns. And so, in red states, state treasurers have pulled public money out of firms that are associated with ESG, including even some of the world’s biggest investment firms, such as BlackRock and State Street.
(Excerpt) Read more at theatlantic.com ...
Got it. You cannot make any rational reponses so instead you scream in hysteria when someone pointing out the intellectually absurd nature of your postings.
Try posting like an adult for once. You habit of doubling down on stupid is both ignorant and infantile
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